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Cultivate

Cultivate

Grove City, OH 43123
Tax ID32-0488937

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About this organization

Revenue

$150,327

Expenses

$156,307

Website

cultivatesmb.com

Mission

To foster entrepreneurial growth by providing a work space, technology, and professional guidance for start-up companies.

About

The organization assisted 150 clients in 2019. As of 12/31/19 the incubator spaces contained 15 clients with 60 employees/sole proprietors.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To foster entrepreneurial growth by providing a work space, technology, and professional guidance for start-up companies.”.

When explaining its purpose, the activities were described as: “To foster entrepreneurial growth by providing a work space, technology, and professional guidance for start-up companies.”.

  • The non-profit is legally allowed to operate in the state of OH, as reported.
  • The filing provides the non-profit's address in 2020 as 2746 Clark Drive, Grove City, OH, 43123.
  • The non-profit has a total of 2 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$5,980.
  • The CEO remuneration policy within the organization is not established through a review and endorsement from a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 2016.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $52,225 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

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